Sizemore, 29, was a cornerstone player for the Tribe from 2005-08 (.281/.372/.496) but has seen his stock plummet after three consecutive injury-riddled campaigns. Bastian notes that the Indians will likely be interested in bringing back Sizemore on a lesser deal, and as Tim Dierkes wrote earlier today, the three-time All-Star should garner interest – perhaps in the form of an incentive-laden deal – from teams in need of help in center field.

Carmona, 28 in December, will apparently return for a seventh season in Cleveland. The groundballer (58.6% career rate) has seen pretty wild fluctuations in his yearly ERAs, although his FIPs usually sits in the mid-4.00s. He averaged 200 innings over the past two seasons, however, so the Indians are hoping that he can shoulder a similar workload again and pitch competently at what is a reasonable salary. The Indians also hold options on the right-hander for 2013 ($9MM) and 2014 ($12MM).

Last night we learned that all option decisions – regardless if it's team, player, or mutual – must be made by 11:59pm ET on Monday.